Thursday, September 26, 2013

In 1980, India Was Much More Successful Than China



“In 1980, India was much, much more successful than China. Since then, China’s run circles around there… [They’re] full of bureaucracy, full of crazy regulations and controls. Their currency’s not convertible — it’s a mess.” - in Value Walk


Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
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